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Wakefield 01880
712 Main St
$445,000
● House - Off Market

712 Main St

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,334 Ft²
$709,198
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Fabulous location with seasonal views of Crystal Lake.  This 6-7 room, 3 bedroom 1.5 bath center entrance hip roof colonial is ideally located within short distances to the Greenwood commuter rail stop, access to Rt. I95, downtown Wakefield and the picturesque Lake Quannapowitt.  Updated heat, hot water, kitchen and vinyl tilt-in replacement windows will make this an easy transition to create your own home. Beautiful front lawn and semi private back yard with mature plantings and trees. Natural woodwork, hardwood flooring, fireplaced living room/dining room and separate den/office. This is an excellent opportunity to get into the Wakefield market.
Unit Size
1,334 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$373
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1860

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72536016)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by Brad Hutchinson Real Estate $498,000
Listed by Brad Hutchinson Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 667
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,161
  • Total Building Area: 1,334
  • Gross Building Area: 2,102
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: GR

Geography

  • Account Number: 39482
  • District: 305
  • Parcel: WAKE M:000019 B:0024 P:00091C
  • Block: 24
  • Municipality: WAKEFIELD
  • Latitude: 42.4941
  • Longitude: -71.0685

    Address

  • Full Address: 712 Main St
  • Address - House Number: 712
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C023
  • 4-Digit Zip Code: 5209
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 639,889
  • High Value: 795,549
  • Low Value: 484,229

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,000
  • Assessed Land Value: $334,400
  • Assessed Improvements Value: $254,600

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169499
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wakefield

Stats & Trends

Median Asking:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 years

Currently For Sale

49 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72536016

Frequently Asked Questions

When was property at 712 Main Street built and last sold?
The property at 712 Main Street was built in 1860 and last sold on Oct 31, 2019 for $445,000.
How much is this home worth?
The estimated value of the home located at 712 Main Street is $505,047.
What are some comparable homes to 712 Main Street?
There are currently no comparable homes to 712 Main Street.
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